GLAS CYMRU ANGHYFYNGEDIG

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -0.9%

  £924,400,000 → £915,700,000

• Cash

  +318.5%

  £148,400,000 → £621,000,000

• Net assets

  -9.1%

  £1,494,900,000 → £1,358,300,000

• Employees

  +6.8%

  3,790 → 4,047

• Operating profit

  -119.5%

  £46,100,000 → -£9,000,000

• Profit before tax

  +14.7%

  -£173,000,000 → -£147,500,000

• Wages

  +10.8%

  £163,300,000 → £181,000,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. GLAS CYMRU ANGHYFYNGEDIG 2016-03-08 → present
2. GLAS CYMRU CYFYNGEDIG 2000-11-22 → 2016-03-08
3. GLAS CYMRU LIMITED 2000-04-13 → 2000-11-22

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis as the Directors have a reasonable expectation that the Group and parent company have adequate resources for a period of at least 12 months from the date of their approval and that there are no material uncertainties to disclose.”

Group structure

1. GLAS CYMRU ANGHYFYNGEDIG · parent
   1. Glas Cymru (Securities) Cyfyngedig 100% · England and Wales · Holding company of Dŵr Cymru (Holdings) Ltd
   2. Dŵr Cymru (Holdings) Ltd 100% · England and Wales · Intermediate holding company
   3. Dŵr Cymru Cyfyngedig 100% · England and Wales · Water and sewerage
   4. Dŵr Cymru (Financing) UK plc 100% · England and Wales · Raising finance

Significant events

• “Additional costs from red-weather storm events during the winter (notably Storms Bert and Darragh), a burst on a major trunk main located under the River Afon Ddu.”
• “In February, credit rating agencies downgraded our senior class B credit ratings to Baa1/BBB+/A-, from A3/A-/A.”
• “In January we accepted Ofwat's Final Determination of our PR24 plans.”
• “On 16 July 2024 Ofwat announced an enforcement case against a Group company, Dŵr Cymru Cyfyngedig, into potential non-compliance with conditions of environmental permits and sewer overflows.”
• “In February 2025, Dwr Cymru Cyfyngedig were notified of intended legal proceedings against the Company in respect of potential pollution of the River Wye allegedly caused by sewer overflows, combined sewer overflows or other pollution events.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.